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The company is launching its product in five new European countries — Italy, Portugal, the Netherlands, Greece and Cyprus. Plum is a money management app that helps you automatically set some money aside. This way, users can save money without any manual input. Plum users can also use the service to buy and sell shares.
During the Portuguese Presidency of the Council of the EU, Portugal announced that it would go one step further and create the European Startup Nations Alliance (ESNA). Some national investment banks have also announced that they’ll invest money directly in large late-stage funds. More countries should join the list soon.
French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies. The service is currently live in 10 French cities — Paris, Neuilly-sur-Seine, Levallois-Perret, Boulogne-Billancourt, Lille, Lyon, Toulouse, Bordeaux and Montpellier.
With immediate access to homegrown apps on their new smartphones, people can find services that are directly relevant to their needs (like local food delivery and Wi-Fi access finders). An example of a great startup incentive took place in Portugal, where tax reductions were offered to companies that hired unemployed workers or students.
The company’s service is based around being tightly integrated with online retailers’ check-out process and offering users an interest-free, three-installment way to pay for anything they purchase. The growth of buy now, pay later services has been one of big hallmarks of the pandemic-era e-commerce market.
You know that P2P is successful when they leave money in their account because they’re going to come back,” he said. With Lydia, you can send money to another user in just a few seconds. If you have money in your account, you can choose to spend it directly using a Visa debit card. And it’s been working well in France.
However, employee benefits engagement hovers around 20%, meaning companies waste a lot of money on unused packages. Coverflex , a startup out of Portugal, thinks it has at least part of the answers. The “employee benefits & well-being” market is said to be worth €200 billion, and Europe makes up more than 40% of that market.
“Markets go up and down, but consumers love our service and convenience is here to stay. Getir originally launched its service in Turkey in 2015. The user experience works more like food delivery services, such as Uber Eats, Deliveroo and Just Eat Takeaway. Germany, France, Italy, Spain, the Netherlands and Portugal.
Existing investors including Atomico, DN, Infravia, Kibo and Quadrille also participated in the round — which the startup said values its business at $2.35BN (post-money). Jobandtalent tops up with $108M for its ‘workforce as a service’ platform. “ Jobandtalent is by far the largest job platform in Europe.
Lightyear is one of several burgeoning stock trading companies to emerge on the scene, promising an easy inroad for the general public to invest their money in some of the world’s biggest companies, from Apple and Alibaba, to Spotify and Tesla. Trading stocks.
On the heels of Jumio announcing a $150 million injection this week to continue building out its AI-based ID verification and anti-money laundering platform, another startup in the space is levelling up. In total its reach covers some 800 million customers of businesses that use its services.
Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business.
The London-based company provides identity, data and payments products that it says gives developers a way to capture consent permissions and “securely” connect payment cards to a service or application. . It is currently powering services for “tens of millions” of cardholders and “hundreds of thousands” of merchants globally.
Uber will also spend $800 million of its own money to help “hundreds of thousands of drivers in the US, Canada, and Europe transition to battery EVs by 2025.”. For example, drivers won’t be required to drive electric or hybrid vehicles to make money on Uber’s app, even by the target date of 2030.
The startup sells a salary-advance service to employers to offer their staff — charging companies a commission for the tech rather than levying a fee on users to withdraw a portion of their salary early (as some other salary startups do). Currently, it has pilots running in Italy and Portugal.
It plans to use the money to expand its business across Europe on the back of a platform that today is listing close to 4,000 homes in Italy, Spain and Portugal, and has to date (since being founded at the end of 2018) sold some 3,200 properties for an aggregate value of €1 billion, according to CEO and founder Giorgio Tinacci.
The Instagram post has since disappeared, but SlashGear saved a copy of its text first: Mellow was launched in 2014 by 2 founders out of Lisbon, Portugal. These servers and systems cost a lot of money each month and the bills are based on the usage of all the Mellows. Their [sic] is no turning back.
It marks a way for the company to expand on the value proposition of Disney Plus to international customers with the most crucial currency any streaming service has to offer: a bigger library of content. Those shows and movies will instead continue to live on Hulu as part of the separate service instead. Photo: Twentieth Century Fox.
More people working from home because of COVID-19 likely also temporarily reduced demand for third party package acceptance services — since more people were in to receive deliveries themselves. It’s now anticipating a demand boom for its services as travellers jet off again and offices reopen to regular staff.
Ad revenue disappeared from influencers and YouTubers, who are used to working remotely so long as they make money. Clients lost their insurance and income and can no longer afford services. Thank you for joining us for this service of Morning Prayer and Reflection. Please note that these services are filmed in advance.*
” There’s money on the table too: Spain will be routing a portion of the “Next Generation EU” coronavirus recovery funding it receives from the pan-EU pot into this “entrepreneurial” push. “This is working well in financial services but could be applied across a wide range of tech areas.”
Formally announced at Web Summit in Portugal today, Mozilla Ventures builds on other recent investments the company has made as part of its Mozilla Builders startup incubator program, though in truth Mozilla has sporadically invested in nearly 20 companies over the past decade. and Europe to bolster the fund’s investment ambitions.
Even for one of the richest men in the world, $44 billion is a lot of money to cough up to buy a middling social platform. Video calls are coming to X CEO Linda Yaccarino confirmed in her first TV interview that video calls will be a new feature coming to the service, as part of its transformation into an “everything app.”
“A lot of founders mix up raising money with making money.” In fact, raising money can cost you money, in the form of that sweet, sweet ownership and equity. It makes money through a revenue-share agreement versus an equity stake. Mobility-as-a-service. Some personal news. Across the week.
Now, a startup called Rows that’s built on that ubiquity, with a low-code platform that lets people populate and analyze web apps using just spreadsheet interfaces, is announcing funding and launching a freemium open beta of its expanded service. “Yes, we overlap with services like Zapier and Notion,” he said.
The way The Fog will work, as Christopher Mims describes it in the Wall Street Journal , is that our smart devices will send software updates to one another, rather than routing them through the cloud, a bit like how peer-to-peer music and movie sharing is done via services like Bittorrent. Find out more on this new service here.
Where will this fundraising money be used? Steven knows we live in a very highly descendants of Portugal here. There is because, guess what, the Postal Service will deliver mail quicker if you meet their processing requirements and standards. Postal Service standards? And Katie too. “It’s awful.”
AJ: I think a bit of a misconception is this idea that most investors in the public markets want to be hot money or fast money. Mike is also working on a Lisbon survey and we’d love to hear from any investors focused on the city and Portugal in general. Around TechCrunch. And Playbook put together $9.3
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